(320 ILCS 55/30)
Manufacturer rebate agreements.
(a) Taking into consideration the extent to which the State pays for
drugs under various State programs
and the provision of assistance to disabled persons or eligible seniors under
assistance programs, prescription drug discount programs, or other offers for
reduced price medicine, clinical research projects, limited supply distribution
compassionate use programs, or programs of research conducted by or for a drug
manufacturer, the Department, its agent, or the program
administrator shall negotiate and enter into rebate agreements with drug
defined in this Act, to effect prescription drug price discounts.
The Department or program administrator may exclude certain medications from the list of covered medications and may establish a preferred drug list as
for determining the discounts, administrative fees, or other fees or rebates
under this Section.
(c) Receipts from rebates
shall be used
to provide discounts for prescription drugs purchased by cardholders and to cover the cost of administering the program. Any receipts to be
allocated to the Department shall be deposited into the Illinois
Prescription Drug Discount Program Fund, a trust fund created outside the State Treasury with the State Treasurer acting as ex officio custodian. Disbursements from the Illinois Prescription Drug Discount Program Fund shall be made upon the direction of the Director of Central Management Services.
(Source: P.A. 94-86, eff. 1-1-06; 94-91, eff. 7-1-05; 95-331, eff. 8-21-07.)